Gold Prices Steady Amid US Iran Peace Talks and Fed Meeting

Spot gold rose slightly to 4,693 dollars per ounce on Tuesday as markets weigh stalled diplomatic talks. Investors await key interest rate decisions this week.

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Gold prices remained stable on Tuesday as market participants weighed the implications of ongoing diplomatic friction between the United States and Iran alongside a heavy schedule of central bank policy meetings. Spot prices edged up 0.2% to $4,693.04 per ounce, while U.S. futures for June delivery gained 0.3% to reach $4,707.80.

A gold bar engraved with BTC lettering is showcased at a Cairo jewelry store in Egypt, captured on February 5, 2026. REUTERS/Amr Abdallah Dalsh
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